CASSIDY FINANCIAL

MOBILETAX SERVICE®
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Get Money Fast! 
 
In Association with Republic Bank and HSBC Bank, we offer a variety of bank products and services for electronic tax filing. These services inclde:
 
 
Refund Anticipation Loans (RAL) 
With RAL: Refund Anticipation Loan - Taxpayers receive money based on their anticipated refund in typically 24 hours or less while paying no preparation fees out of pocket.

  • You choose a loan amount.

  • Loans include the full amount of your Earned Income Tax Credit.

  • No minimum withholding amount required. 

 

 

 
 
NowRAL™

For taxpayers who need money instantly, a NowRAL is the answer..

  • Checks available in as little as 35 minutes.

  • Loans amount is up to $1250.

  • The remainder of expected refund delivered as traditional RAL or ERC/ERD.
  • Check with your associate for details
  • Money for a portion of the anticipated refund is available in less than a minute
  • Remainder of anticipated refund will be received as a traditional RAL at corresponding fee or as an ERC if traditional RAL is declined.
  • Preparation fees are withheld from the remainder disbursement
  • 3 tiers of NowRAL amounts allows customers to choose the best loan for them and ensures even more customers can be approved
  • Disbursement options are check or Currency Connection debit card
  • If the NowRAL is declined, customer is automatically considered for a traditional RAL   

     

    2008/2009 Pricing

    Our new percentage based pricing model promotes equitable charges by assessing a $30.95 ACCOUNT SET-UP FEE to all customers plus a 2.65% FINANCE CHARGE (maximum $98) for Traditional RALs.

    An additional $55 NowRAL SURCHARGE will be charged to customers who choose to receive an immediate advance on their Traditional RAL.

     

    Also, our new REDUCED PRICE RAL with a 1.07% FINANCE CHARGE is available as a loan option for all consumers. Customers with expected refunds over $1,000 can choose to apply for a $1,000 Reduced Price RAL instead of a Traditional RAL for their full refund amount.


    Traditional RAL
    • $30.95 account set-up fee
    Finance Charge 2Loan Amount
    2.65%$1,001 - $3,698
    $98

    (maximum finance charge)

    		$3,699 - $8,000

    NowRAL 3
    SurchargeNet Check Amount
    $55$500, $1,000 or $1,500

    Reduced Price RAL 4
    • $30.95 account set-up fee
    Finance Charge 2Loan Amount
    1.07%$300 - $1,000

    Electronic Refund Checks and Deposits
    ProductFee
    ERC$30.95

     

 

NOTE: A RAL is a loan to a taxpayer based on the amount of their anticipated tax refund. The client receives the RAL proceeds within 1-3 days after filing their tax return electronically. When the IRS (or State taxing authority, if applicable) Direct Deposits the client's actual tax refund, the refund pays off the loan and any additional funds are given to the client.

 

 


Refund Checking

ERC: Electronic Refund Check (Federal)

With ERC: Electronic Refund Check – Unbanked taxpayers can receive their federal refund faster without paying any fees out of pocket. It is a safe and convenient way for our client to receive their federal refund without paying any fees out of pocket.

 

Once we process your returns

  • Refund is deposited into HSBC Bank or Republic Bank and Trust from IRS and is normally available within 7 – 14 days.

  • We print your Refund check, less fees, for you the taxpayer to pick up.

 

 

 

Check Cashing Options

We make every effort to ensure taxpayers can cash their Tax Refund Solutions checks as conveniently and affordably as possible.

Currently, check cashing relationships are in place with the following:

 

 

 

Bank Affiliations

  • Bank Of America - Available in FL, GA, NC and SC for the 07/08 tax season with more states to be added in 08/09!
  • Chase - Available at all Chase branches
  • Wells Fargo - Available at all Wells Fargo branches

 

 

 

IRS Direct Deposit

ERD: Electronic Refund Deposit (Federal)

With ERD: Electronic Refund Deposit – The federal refund is direct deposited to a taxpayer bank account, with no need for a return trip to the tax office. 

  • Refund is deposited into your bank account and is normally available within 9 – 16 days. 

  • Refund, less fees, is deposited via ACH into your personal bank account or onto a stored value card (ATM Card or cash debit MasterCard®.

 

Retail Partners

  • 7-Eleven - Available 24/7 at Vcom® equipped 7-Eleven stores. The Vcom check cashing kiosk is a fully automated check cashing machine with touch screen technology in English and Spanish. With competitive check cashing fees, taxpayers can cash Republic’s checks up to $6,000 without waiting at over 2,000 locations coast-to-coast. 7-ELEVEN® is a registered trademark of 7-Eleven, Inc.

 

  • Wal-Mart - At WAL-MART, Republic Bank checks will be verified automatically and cashed up to $2,999 for a 1% or $3 fee, whichever is less.Currently, check cashing at WAL-MART is not available in CT, NJ, NY and RI.

 


 

  • GROCERY CHAINS - Our check data is also integrated with a network of grocery chains throughout the country, some of which are listed below. Contact us at 888-676-2056 to find a grocery store near you that will cash Republic Bank checks.
     

   

 

 

 

 

 

In-Tax Office Machine

  • EDCATM Subsidiary, LLC (formerly BVIG Financial) - EDC has taken advantage of advancements that have been made in the ATM, point of sale and banking industries to deliver a cost effective solution that transforms our tax preparation office into a financial services center. For more information, call EDC at (888) 599-2844.

 

Check cashing fees and limits can vary by company and region. Please contact us at 888-676-2056 for details specific to your area. Republic Bank receives absolutely no payments or incentives associated with the cashing of our checks.

 

 

 

Stored Value Card

  

This widely accepted, PIN based card allows you to avoid high check cashing fees and the risk of carrying cash. Funds are available within 30 minutes of RAL approval or IRS funding. Card is accepted at ATM and POS locations within the Cirrus and Maestro networks.

Fees (partial list)
  • Set-up Fee: $30 up front fee deducted from refund or RAL
  • Monthly Maintenance Fee: First two (2) months FREE, then $19.95 per month
  • Point of Sale Purchase: FREE for first two (2) months, $1 thereafter
  • ATM Transactions: 10 FREE per month for first two (2) months, $2 thereafter at non-Republic ATMs
  • Balance Inquiries: FREE for first two (2) months, $1 thereafter

   

 

Currency Connection Debit Card – Available for NowRALs, RALs and ERDs.

This widely accepted, PIN based card allows you to avoid high check cashing fees and the risk of carrying cash. Funds are available within 30 minutes of RAL approval or IRS funding. Card is accepted at ATM and POS locations within the Cirrus and Maestro networks.

 

Also, unbanked customers have the option to keep their account open throughout the year by setting up the direct deposit of their payroll or government benefits.

During Tax Season

  • Debt card and pin are issued in tax office at time of bank product application
  • Funds are available within minutes of RAL/NOWRAL approval or IRS funding
  • All subsequent funds such as overages and state funds will also be deposited to the account.
  • Ideal for customers who want to spend their refund over a period of time.
  • Accepted at ATM and POS locations within the Cirrus and Maestro Networks.
  • No minimun required for this FDIC insured bank account.
  • Option to upgrade to MasterCard logo debit card